The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Agnico-Eagle Mines COM 008474108 7,135 116,495 SH   SOLE   116,495 0 0
Great Panther Mining Ltd COM 39115V101 143 568,197 SH   SOLE   568,197 0 0
Kinross Gold Corp COM 496902404 4,248 722,900 SH   SOLE   722,900 0 0
Open Text Corp COM 683715106 5,420 127,716 SH   SOLE   127,716 0 0
Toronto-Dominion Bank/The COM 891160509 5,642 71,052 SH   SOLE   71,052 0 0
Wheaton Precious Metals Ord Shs COM 962879102 5,922 124,424 SH   SOLE   124,424 0 0
Stellantis NV COM N82405106 10,299 621,188 SH   SOLE   621,188 0 0
AbbVie Inc COM 00287Y109 3,574 22,048 SH   SOLE   22,048 0 0
Accenture PLC CL A G1151C101 6,623 19,639 SH   SOLE   19,639 0 0
Activision Blizzard Inc COM 00507V109 2,145 26,775 SH   SOLE   26,775 0 0
Adobe Systems Inc COM 00724F101 2,715 5,960 SH   SOLE   5,960 0 0
Allstate Corp/The COM 020002101 7,110 51,331 SH   SOLE   51,331 0 0
Alphabet Inc Class A CL A 02079K305 19,695 7,081 SH   SOLE   7,081 0 0
Alphabet Inc Class C CL C 02079K107 8,597 3,078 SH   SOLE   3,078 0 0
Amazon.Com Inc COM 023135106 7,977 2,447 SH   SOLE   2,447 0 0
Apple Inc COM 037833100 35,714 204,533 SH   SOLE   204,533 0 0
AT&T Inc COM 00206R102 14,265 603,689 SH   SOLE   603,689 0 0
AutoZone Inc COM 053332102 6,825 3,338 SH   SOLE   3,338 0 0
Bristol-Myers Squibb Co COM 110122108 7,542 103,277 SH   SOLE   103,277 0 0
Broadcom Inc COM 11135F101 6,763 10,741 SH   SOLE   10,741 0 0
Cardinal Health Inc COM 14149Y108 6,213 109,579 SH   SOLE   109,579 0 0
Check Point Software Technolog ORD M22465104 14,077 101,816 SH   SOLE   101,816 0 0
Cigna Corp COM 125523100 8,126 33,914 SH   SOLE   33,914 0 0
Cisco Systems Inc COM 17275R102 9,900 177,553 SH   SOLE   177,553 0 0
Citigroup Inc COM 172967424 11,318 211,948 SH   SOLE   211,948 0 0
Colgate-Palmolive Co COM 194162103 4,631 61,077 SH   SOLE   61,077 0 0
Consolidated Edison Inc COM 209115104 6,186 65,341 SH   SOLE   65,341 0 0
Constellation Energy Corp COM 21037T109 1,759 31,272 SH   SOLE   31,272 0 0
Corsair Gaming Inc COM 22041X102 148 7,000 SH   SOLE   7,000 0 0
Cvs Caremark Corp COM 126650100 11,231 110,972 SH   SOLE   110,972 0 0
DaVita Inc COM 23918K108 9,024 79,782 SH   SOLE   79,782 0 0
Duke Energy Corp COM 26441C204 2,985 26,734 SH   SOLE   26,734 0 0
DXC Technology Co COM 23355L106 4,149 127,166 SH   SOLE   127,166 0 0
eBay Inc COM 278642103 3,293 57,515 SH   SOLE   57,515 0 0
Entergy Corp COM 29364G103 3,880 33,232 SH   SOLE   33,232 0 0
Everest Re Group Ltd COM G3223R108 12,740 42,273 SH   SOLE   42,273 0 0
Exelon Corp COM 30161N101 5,121 107,518 SH   SOLE   107,518 0 0
Exxon Mobil Corp COM 30231G102 5,058 61,239 SH   SOLE   61,239 0 0
F5 Networks Inc COM 315616102 8,401 40,207 SH   SOLE   40,207 0 0
Fidelity National Information COM 31620M106 1,830 18,220 SH   SOLE   18,220 0 0
Franklin Resources Inc COM 354613101 3,579 128,181 SH   SOLE   128,181 0 0
General Mills Inc COM 370334104 339 5,000 SH   SOLE   5,000 0 0
General Motors Co COM 37045V100 5,215 119,218 SH   SOLE   119,218 0 0
Gilead Sciences Inc COM 375558103 8,955 150,627 SH   SOLE   150,627 0 0
HCA Holdings Inc COM 40412C101 13,788 55,014 SH   SOLE   55,014 0 0
Hershey Co/The COM 427866108 3,930 18,142 SH   SOLE   18,142 0 0
Hewlett-Packard Co COM 40434L105 10,299 283,711 SH   SOLE   283,711 0 0
Industrial Logistics Properties Trust COM 456237106 1,530 67,491 SH   SOLE   67,491 0 0
Intel Corp COM 458140100 13,359 269,551 SH   SOLE   269,551 0 0
Intl Business Machines Corp COM 459200101 7,857 60,430 SH   SOLE   60,430 0 0
JM Smucker Co/The COM 832696405 9,229 68,156 SH   SOLE   68,156 0 0
Johnson & Johnson COM 478160104 10,427 58,834 SH   SOLE   58,834 0 0
JPMorgan Chase & Co COM 46625H100 218 1,600 SH   SOLE   1,600 0 0
Kroger Co/The COM 501044101 17,288 301,339 SH   SOLE   301,339 0 0
Kyndryl Holdings Inc COM 50155Q100 286 21,834 SH   SOLE   21,834 0 0
Laboratory Corporation of America Holdings COM 50540R409 11,679 44,297 SH   SOLE   44,297 0 0
Lyondellbasell Indu-Cl A CL A N53745100 3,505 34,085 SH   SOLE   34,085 0 0
Marsh & McLennan Cos Inc COM 571748102 4,436 26,029 SH   SOLE   26,029 0 0
Mckesson Corp COM 58155Q103 8,138 26,584 SH   SOLE   26,584 0 0
Medtronic Inc. COM G5960L103 4,484 40,416 SH   SOLE   40,416 0 0
Merck & Co Inc COM 58933Y105 11,575 141,072 SH   SOLE   141,072 0 0
Meta Platforms Inc CL A 30303M102 14,020 63,049 SH   SOLE   63,049 0 0
Microsoft Corporation COM 594918104 43,680 141,677 SH   SOLE   141,677 0 0
Mitsubishi UFJ Financial Group Inc ADR ADR 606822104 2,177 351,769 SH   SOLE   351,769 0 0
Mizuho Financial Group Inc ADR ADR 60687Y109 1,896 737,784 SH   SOLE   737,784 0 0
Motorola Solutions Inc COM 620076307 9,122 37,663 SH   SOLE   37,663 0 0
Netflix Inc COM 64110L106 1,969 5,256 SH   SOLE   5,256 0 0
Newmont Mining Corp COM 651639106 12,115 152,487 SH   SOLE   152,487 0 0
Oracle Corp COM 68389X105 7,306 88,306 SH   SOLE   88,306 0 0
Organon & Co COM 68622V106 1,864 53,377 SH   SOLE   53,377 0 0
PepsiCo Inc COM 713448108 4,119 24,609 SH   SOLE   24,609 0 0
Pfizer Inc COM 717081103 9,165 177,034 SH   SOLE   177,034 0 0
Procter and Gamble CO/THE COM 742718109 11,789 77,150 SH   SOLE   77,150 0 0
Public Service Enterprise Group Inc COM 744573106 1,344 19,195 SH   SOLE   19,195 0 0
Public Storage COM 74460D109 6,856 17,567 SH   SOLE   17,567 0 0
QUALCOMM Inc COM 747525103 3,596 23,531 SH   SOLE   23,531 0 0
Quest Diagnostics Inc COM 74834L100 10,622 77,609 SH   SOLE   77,609 0 0
Renaissancere Holdings Ltd COM G7496G103 2,429 15,321 SH   SOLE   15,321 0 0
Rio Tinto Plc-Spon ADR ADR 767204100 6,398 79,572 SH   SOLE   79,572 0 0
Sabra Health Care Reit Inc COM 78573L106 4,804 322,652 SH   SOLE   322,652 0 0
Skechers USA Inc CL A 830566105 6,734 165,203 SH   SOLE   165,203 0 0
Southern Company COM 842587107 5,103 70,373 SH   SOLE   70,373 0 0
Sumitomo Mitsui Financial Group Inc ADR ADR 86562M209 2,273 362,591 SH   SOLE   362,591 0 0
Take-Two Interactive Software COM 874054109 2,820 18,345 SH   SOLE   18,345 0 0
Travelers Cos Inc/The COM 89417E109 7,896 43,211 SH   SOLE   43,211 0 0
VeriSign Inc COM 92343E102 10,588 47,594 SH   SOLE   47,594 0 0
Verizon Communications Inc COM 92343V104 40,151 788,204 SH   SOLE   788,204 0 0
Vertex Pharmaceuticals Inc COM 92532F100 3,857 14,780 SH   SOLE   14,780 0 0
Viatris Inc COM 92556V106 1,221 112,184 SH   SOLE   112,184 0 0
Visa Inc-Class A Shares CL A 92826C839 11,596 52,290 SH   SOLE   52,290 0 0
W W Grainger Inc COM 384802104 14,376 27,872 SH   SOLE   27,872 0 0
Walgreens Boots Alliance Inc COM 931427108 5,689 127,075 SH   SOLE   127,075 0 0
Wal-Mart Stores Inc COM 931142103 11,305 75,914 SH   SOLE   75,914 0 0
Walt Disney Co/The COM 254687106 813 5,929 SH   SOLE   5,929 0 0
WEC Energy Group Inc COM 92939U106 1,316 13,182 SH   SOLE   13,182 0 0
WP Carey Inc COM 92936U109 6,823 84,399 SH   SOLE   84,399 0 0